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Volume 5, Article V - 2009

by Ron Ringen,
Ringen's Unbiased Inspections
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No matter whom you talk to that is involved in a home sale
transaction, whether it be the owner, buyer or real estate agent,
everyone has a certain amount of reservation concerning a home
inspection or “termite” inspection. But why? All that it entails is
basically a visual inspection of the home and a short written report,
right? So, who’s afraid of the big, bad home inspection? Everyone it
seems!
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Let me start by making an
obvious observation. For most all of us, the single biggest
investment we will make in our lifetime is the purchase of our
own home. Not only is it an investment that we can’t have go
sour, but we must make a comfortable, safe place out of the
dwelling to protect and grow our families that we can live in
happily and call “home.” And when we’ve outgrown or want a
new/different home, we need to realize the equity we have built
up in the property to help us purchase our next “home.” “OK,”
you say, “I know all of this. What has this got to do with being
afraid of home inspections?” Everything, actually, because it is
well known that buying or selling a home is probably the second
biggest stress we will encounter in our life. All the
uncertainty and suspicions begin to “bubble to the surface” as
the home sale process grinds on, which skews our thinking, and
sometimes our common sense. So, let’s look logically at what a
home inspection has to offer for each participant in the home
sale process. I want to start with the home owner who is
thinking about moving and about to list his/her property for
sale, because usually they are the ones that think they have
nothing to gain from, and everything to lose from, a home
inspection. Nothing could be further from the truth.
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No matter what “shape” the owner
feels his/her property is in (good, bad or in between), the smartest
thing they can do is spend the few dollars necessary for an accurate
home inspection and “termite” inspection. Spending these few dollars in
the beginning will save you major dollars and stress in the end.
Possessing this information prior to listing your home for sale not only
enables you to plan, but to price your property accurately. The
information gleaned from the reports allows you to take care of any
repairs that you feel you want to on your time schedule, and to obtain
bids from various contractors for repairs you don’t want to tackle
yourself, which could save you a lot of money in the process. When you
do list your property for sale, you do so empowered with the knowledge
that you know of, or have taken care of, any repairs, and you can go
into negotiations with the buyer straight on because you have a
“heads-up” on what the condition of your home is. This negotiating
strength will allow you to realize as much of your equity as possible to
be used to purchase your new home. Most real estate agents will
appreciate this situation also because it takes most all the uncertainty
and stress out of the equation, because, normally the inspection results
are revealed shortly before escrow is to close and there is no time for
obtaining bids or alternative actions, which can result in a “blown”
deal with everyone unhappy.
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Most everyone thinks that a home
inspection and “termite” inspection are only for the “protection” of the
buyer. That is only partly true. Sure the inspections are ordered to
reveal any unknown/undisclosed issues. But, the buyer didn’t order and
pay for the inspections to make the property out as garbage! The buyer
likes and wants to spend and invest their hard earned money on the
property and wants to make it their “home.” As a prospective purchaser of
a home and property, you want the inspection(s) to validate your
decision to purchase that piece of property. You want to know what you
are buying. You, of course, want to know what the big issues are, if
any, but you also want to know the little things that will be an
irritation or money drain before you sign the contract of sale. You want
to make up your own mind as to what is acceptable "as is," and what is not
and needs to be negotiated with the seller. And just about as important,
the home inspection is actually your first in-depth “get acquainted”
look at your new home because it covers information on so many of the
homes’ components, systems, utilities and their locations. But even that
is not all. If your home inspector is like most concerned inspectors,’
he is your source for information you can turn to long after the close
of escrow when everyone else involved in the deal has disappeared.
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OK, I’m to the real estate agent
and what the home inspection and “termite” inspection has to offer them.
How about peace of mind? How about the good feeling inside that you have
put together a home sale in which both the buyer and seller are happy
and there is not going to be a bad case of “buyers remorse” now that
escrow is closed? How about the fact that you are looked up to as an
agent that demands full disclosure and still can close the deal BECAUSE
EVERYBODY KNOWS WHERE THEY STAND AND WHAT THEY CAN EXPECT OUT OF THE
DEAL! In the years I have been involved in inspecting homes, I can’t
tell you how many times I have seen buyers follow through and close a
sale of a home with major issues because they not only like the home,
but because they are fully aware of its’ short comings and are mentally
prepared to take it on. With truth and knowledge everyone comes out
ahead. As I’ve been preaching for years, your buyer today is your seller
tomorrow.
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So in closing, there is absolutely
nothing to fear from a home inspection or “termite” inspection except
fear itself. These are “tools” to be used in a positive way to bring
about a positive home sale experience, if you choose to use them in that
way.
- Ron Ringen
Ringen's Unbiased Inspections
http://www.unbiasedinspections.com
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Ron Ringen owns and operates Ringen’s Unbiased
Inspections, which is located in Sonora, California. Ringen’s Unbiased
Inspections serves the beautiful gold country of California that
includes the foothills and Sierra Mountains in the counties of Tuolumne,
Calaveras and Amador. Ron has been involved with the Structural Pest
Control business for 43 years and has been a licensed Structural Pest
Inspector in California since 1968. Ron is a licensed General Contractor
(B) in California and has been since 1977. Ron is certified with
CalNACHI, and is a Manufactured/Modular Home Inspector and a Pool and
Spa Inspector.
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